Royal LePage announces major expansion in Southern Ontario

Coldwell Banker's largest Canadian firm joins nation's leading real
estate company

TORONTO, Feb. 6, 2014 /CNW/ - Royal LePage is pleased to announce the
addition of Toronto-based Coldwell Banker Terrequity Realty
(Terrequity) to the Royal LePage Network. Terrequity is the largest
Coldwell Banker franchise in Canada, with an extensive network of
nearly 400 agents, operating out of 13 offices across the Greater
Toronto Area.

"I am delighted to welcome the celebrated Terrequity team to the Royal
LePage family," said Phil Soper, President and CEO, Royal LePage.
"Beyond being one of Canada's largest real estate brokerages, the
hundreds of professionals in the company have created a high
performance culture hard-wired to deliver superior client service. We
are proud that they chose Canada's fastest growing national firm as
their new home. It is so true that success attracts success."

"Royal LePage has firmly established itself as the dominant player in
Ontario's real estate market, which can only serve to assist our
REALTORS® as they strive to build their businesses in an increasingly
competitive industry ," said Andrew Zsolt, President, Terrequity
Realty. "When compared to other brands, the Royal LePage culture was,
by far, the best fit for our company. It is a full-service,
full-representation network, which is how we, at Terrequity, conduct
our business."

"We are also very impressed with Royal LePage's technology tools and
systems, and we consider them to be some of the best in the business to
help our REALTORS® remain on the cutting-edge of this ever changing
industry," continued Zsolt. "We are confident that selling the Royal
LePage value proposition will greatly propel the growth of our
brokerage."

Royal LePage has expanded steadily over the past decade, with
particularly rapid growth during the past year, expanding operations
from coast to coast. Terrequity Realty Inc. becomes Royal LePage Terrequity Realty.

About Royal LePage
Serving Canadians since 1913, Royal LePage is the country's leading
provider of services to real estate brokerages, with a network of over
15,000 real estate professionals in more than 600 locations nationwide.
Royal LePage is the only national real estate company to have its own
branded charitable foundation, the Royal LePage Shelter Foundation,
which is dedicated to supporting women's and children's shelters and
educational programs aimed at ending domestic violence. Royal LePage is
a Brookfield Real Estate Services Inc. company, a TSX-listed
corporation trading under the symbol TSX:BRE.